M&A Deal Summary

Oracle Acquires NetSuite

On July 28, 2016, Oracle acquired internet software and services company NetSuite for 9.3B USD

Acquisition Highlights
  • This is Oracle’s 23rd transaction in the Internet Software and Services sector.
  • This is Oracle’s 3rd largest (disclosed) transaction.
  • This is Oracle’s 98th transaction in the United States.
  • This is Oracle’s 44th transaction in California.

M&A Deal Summary
Date 2016-07-28
Target NetSuite
Sector Internet Software and Services
Buyer(s) Oracle
Deal Type Add-on Acquisition
Deal Value 9.3B USD

Target

NetSuite

San Mateo, California, United States
NetSuite, Inc. is a provider of cloud-based business management software. NetSuite helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, ecommerce, inventory and more. NetSuite was formed in 1998 and is based in San Mateo, California.

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Buyer(S) 1

Buyer

Oracle

Austin, Texas, United States
Category Company
Founded 1977
Sector Software
Employees159,000
Revenue 53.0B USD (2024)
DESCRIPTION
Oracle's headquarters in Austin, Texas.
Oracle's headquarters in Austin, Texas.

Oracle provides products and services that address corporate information technology (IT) environments including applications, platforms, and infrastructure. Oracle's products and services are available to customers via cloud computing or on-premises deployment models. Products include database and middleware software, application software, cloud infrastructure software and hardware systems (Oracle Engineered Systems, servers, storage, networking and industry specific products), along with support and related services. Oracle was formed in 1977 and is based in Austin, Texas.

DEAL STATS #
Overall 112 of 132
Sector (Internet Software and Services) 23 of 34
Type (Add-on Acquisition) 105 of 124
State (California) 44 of 52
Country (United States) 98 of 114
Year (2016) 6 of 9
Size (of disclosed) 3 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-02 OPOWER

Arlington, Virginia, United States

OPOWER, Inc. is a provider of cloud-based software services to the utility industry. The Company was formed in 2007 and is based in Arlington, Virginia.

Buy $532M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-06 LogFire

Atlanta, Georgia, United States

LogFire is a provider of cloud-based warehouse management applications. LogFire's built-for-the-cloud solution provides an integrated warehouse, inventory and workforce management platform that easily scales with increased volume and complexity.

Buy -
Mergr

Product

Company

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